On 28 June 2018 Preqin Solutions hosted a lunch talk on Technological Improvements in Private Equity at The Hong Kong Venture Capital and Private Equity Association (HKVCA). Established in 1987, the HKVCA has a long history of bringing together venture capital and private equity firms. The association encourages its member firms to network, share, and establish best practices.
The HKVCA’s mission is to “stimulate a vibrant venture capital and the private equity industry in Asia while promoting the role of member firms in value creation, innovation and economic development”.
This event was in line with the HKVCA’s mission and will focus on enlightening the attendees with discussions on how technological advancements are supporting private capital investors achieve process improvements.
The key speakers from Preqin Solutions – Andrew Kehl, Head of Global Sales and Business Development, and Henry Wadsworth, Head of Business Development, APAC – led an insightful discussion on favorable market conditions that are driving the adoption of technology and the industry’s response to these trends.
The operational landscape of the private equity industry is rapidly changing given the increasing demand from the LPs for transparency. Regular reporting is no longer sufficient as stakeholders are seeking qualitative information. This coupled with the buzz around environment, social, and governance (ESG) and impact investing criteria, and the concentration of capital with the larger institutional firms is making the competitive arena more complex, especially for the mid-market private equity firms.
Good news is that the private equity industry is witnessing considerable digital transformation with the development of portfolio management solutions that help private equity companies streamline their operations. Deploying such solutions creates efficiency improvements and market differentiation.
Check the presentation below, to learn more.
While attendance to this event was by invitation only, if you are interested in our future events, please write to email@example.com and we will be happy to provide you with more information.
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